Buffalo - they recommend a demulsifier because they 1. Put water separators on their trucks and 2. Believe that they work. This is just simply not the case. While the separator will catch a HUGE slug of water, once you've taken on that much water in the fuel, you are going to have an issue either way. Emulsifying/dispersing/solubizing additives will disperse about their 'weight' in water. If you have a large amount of water in your fuel, it will fall out of suspension and become 'free water. ' Once it's free water, the separator will catch it.
Now here's the key - what do you want to use for everyday driving? Most people will not get large slugs of water, or any free water in their fuel. BUT, there is always SOME water suspended/dissolved into the fuel. (diesel can hold up to about 100ppm-115ppm before it falls out of suspension and becomes free water). So, with the fact in mind that all fuel has water, and that it's going to be a small amount, would you rather break it down into tinier lubricated particles that pass through harmlessly, or clump it into bigger 'clumps' which stand to do more damage to your injection system? On an everyday basis assuming normal fuel, demulsifers compariatively/theoretically will cause more injection system wear due to the exposure of larger clumps of water passing through.
For those of you that think the demulsifiers work on fuel with normal water levels below 115ppm, go drain your fuel filter housing into a dry, clean glass. You'll find no water because they don't work with water that small.
Again, if you truly have a big amount of water/bad tank, your WIF light will come on, and regardless of additive, you will be having to get the water out somehow, and will probably see a towtruck (hope it's not a PS

)
So the real question is, how do you want to deal with the small amounts of water that are in ALL fuel, knowing that it will inevitably pass through your system?
All of the additives have nice lube/detergent/lubricity packages are all great, and I'm sure they all work comparably. To me the biggest factor in choosing an additive is how it approaches water. I'm sure you guys probably caught that drift though
FWIW - you will see a lot of warnings about 'emulsifiers' from manufacturers and in older publications - because previous technology used alcohols to help, which we all know are a big no-no. Additives like primrose and redline don't have damaging alcohols, they disperse by other means. If you really want to get techy about it, which I don't really want to in this thread, there is a fine line between an emulsifier and a solubizer. However, they are just a slightly different means to an end - safely dispersing and passing water through the system.
Ok this is getting quite long winded. Sorry for the long post guys, hope it made some sense.